Modified | DDT |>| THU.APR,010405,17:5-4 | CoSy/Home ; CoSy/Current         ?Wha?  CoSy Comment Comments © Bob Armstrong .


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  ============================: THU.FEB,010201 :============================
14:30|  Arthur Whitney  speaks @ LinuxWorld .
|14:38| K Lang
  ============================: SAT.FEB,010203 :============================
16-19|  Restoration Skylight Gal   1368 Fulton St , Bed Stuy .
18-20| Papp Gallery . 529 W 20 # 4E . IvanBrens .
  ++++++++++++++++++++++++++++: SUN.FEB,010204 :++++++++++++++++++++++++++++
15| CG010204  CoSyGathering 14  Emended from printed PostCards
  ============================: TUE.FEB,010206 :============================
16:15|  NY Stock Brokers Club  ASRG : Aspen Group Resources . Oil & Gas
 exploration . Harry`s @ Hanover .
|16:52| JackWheeler :  CA conf 15 min pres - Only O&G guy - got 4 hrs of Qs .
 Why NE sector shortages - Yukon CA , OK city based . : Low Risk Hi return
 `96 fndd Crown ptnrs . 200K - 75M$ - Merge Cotton Valley in 2 traunches .
 were practially bankrupt w law suits . Now worth 125M
 Not risk taker - exploitation not exploration . 10y reserves , 24-36 mo
  pay out on existing flow - bring in off set drilling .
 Data room - 75K$ research on evaluation .
 RoI >= 11 x * DevelopmentCAPEX
 Arkansas  , anadarko ,  Permian Basing mid-continent .   .85 nat gas .
<-- 41.3$ + 67.7 | --> | 1 % 7 |  Reverse split .
 | E 5.71 x 19E6 |>| 108M |  Value now  .  11.41  over 60 - 90 days .
 Volume produced static , Canada imports . 3.77
 LNG ports coming out of mothballs @ > 4$
 Companies not been able to afford to explore & exploit .
 90 to 120 days to get well online .
 need 500000 wells to get back to 80s levels of production .
 not enough service cos only able to drill | 500E3 % 38 |>| 13157 | % yr .
 No gas from MX ,  .82 are coming from overseas .
 1400BoE % day ,
 Theirs : High 'BTU content , MCF = 1000 BTUs | 1.2 x nymex price
 1400 wells oproatw 390 . avg working interest : .251 |
 11 acqs in 00 @ 2.49 % BoE | Highest RoI
 OK increased Density Rules Drives Growth Opportunities .
 Worked for Texaco out of Law School | TX - > 400K$ % well .
  drops down in food chain .
 85 out of 86 productive high density wells .
 Does not use debt for operations - cash flow covers drilling
 Reserves up  . expect 5M$ by 01q4
 Stock price now penny .  1.8 B shares shares  - 2nd most traded
 1728 BOE % day . 11M DEBT .  < Cash Flow .
 Expect $6M rev , $4M earnings . 81 people , 27 in office .  Proven track .
 Value of assets  +  growth |   
|17:25|  w be busn advisor of Bush , worked w 8 yrs ago . old friend .
 New chips use 8x power of older ones . both home & office lit up .
 Xerox machines . More demand for natural gas .
Mexaco Gas ? Gas in south . Would take 10 yrs to build pipeline from south .
 MX outbids US price near border .
 Holdings :  TX OK & Oil in KS . strong infrastructure . 20 yrs reserves .
Forcast prices |  4 25  $ gas oil .
 expect 5.5 - 6 $ | US only country where individuals own the assets
 rulers elsewhere catching on that depleting too cheaply .
 Hedge .4 of production to lock up bank debt , drilling costs .
  collar w Shell 3.45 - 3.88 - had to pay | 3.99 - 3.88
 440 ft of existing direct offsets .
 Horizontal drilling ?  Both vert layers 8700 ft .
  higher formation dropping debre in to hole blocking production
  5400 blocking 8700 ft sands .
Feb 12 reverse split | all approved -
  Tosco? Phillips merger ?
 Only advantage : No oil spills in gas industry .
 31000 foot 1986 well - heat softens metals .
 Russia 50K feet , now @ 36K feet - Anadarko 40K feet reserves
 Boumont - 2fth deep in , 17Kfoot in avg | 900k $ for 8k ft .
 product price must justify deeper drillig |17:53| 
17:30-21| Alan Montaine . China Fotos .EMR Gal . 873 Bwy #500 @ 18 . Access code 0028 
  ============================: WED.FEB,010207 :============================
17:30-19:30| Reception , Torch Energy Advisors, Chuck Strain 8th Annual
 Micro/Midcap Oil & Gas Conf. Waldorf .
  ============================: THU.FEB,010208 :============================
| Torch Energy Advisors, Chuck Strain 8th Annual  Micro/Midcap Oil & Gas  Click for my CoSy notes   Conf.
 @ Waldorf :  Contact 
  ============================: SAT.FEB,010210 :============================
10-12| Queens Libertarians : Bohemian Hall 29-19 24th Astoria . GaryPopkin .
17-19| 501 W 23 ; 525 w 22
18-20| 534 W 26 ; 530 W 22 f 2 ; 527 W 26 ; 220 W 16 ; 520 w 21 ;529 w20 f9 ;
 555 w 24 ; 123 Watts ; 43 Green ; 359 Bwy
  ============================: TUE.FEB,010213 :============================
|11:9| CSPAN : Paul O`Neill , New Treasury Sec , ex head of Alcoa .  Excellent . 
  ============================: WED.FEB,010214 :============================
|12:42| Clinton Pardons : Marc Rich attorney Jack Quinn : 
 Clinton was annulling Guilliani RICO indictment of Rich for taxes on oil
 imports . 
 IRS claimed conspiracy to record as foreign revenues oil classification
 after daisy chain oil reclassifications . 100M$ profits .
 move money off shore . tier trading .
 ARCO structured transactions $10 domestic - to reseller . complex regulation
 average w foreign oil -  getting $27.50 .
 domestic transactions .
 Rich had accurately linked foreign & domestic trades .
 ledger of difference . Transactions were structured by Oil majors .
 Facing RICO asset forfiture . Will accept civil trial .
 RICO was sledge hammer .
 Ehud Barac lobbied for pardon bigger influence .
 
 Statists feeding on the burohipokrasi generated by the prohibition of
 free markets in Oil .
Or  : The State criminalizes economic reality then excuses friends
 found forging paths thru the resulting Swiss Cheese . 
============================: THU.FEB,010215 :============================
17| Papp Gallery . 529 W 20 #4E |
  ++++++++++++++++++++++++++++: SUN.FEB,010218 :++++++++++++++++++++++++++++
-20|  OnlineTradingExpo  Marriot 1535 Bwy .
  ============================: MON.FEB,010219 :============================
Leon Charney  " Rangel first said on show Hilary should run for
 senate " . Elliot Rubin for Governor ?  
  ============================: MON.FEB,010219 :============================
 Dale Earnhart died of basal skull fracture & brain trauma
 on last lap of Datona 500 holding rear guard for his son & his other driver
 Michael Waltrip  elder Bro Darryl doing live commentary in 2nd & 1st respectively .
 Fox Sports Net |15:31|  Amazingly authoritarian press
 interviewing NASCAR pushing for mandatory "Haan Device" head restraints .
 NASCAR Prez Mike Helton :  every mind in the Nascar Garage works
 for safety .  Logic itself is force enough . 
  ============================: TUE.FEB,010220 :============================
18-20|  RSVP BitsBytesBar    Kickstart USA 
17 Battery Place ( use  Washington Ocean Entrance << West St )
  ============================: WED.FEB,010221 :============================
-23|  INTERNET WORLD WIRELESS 2001  Javits | ( use priority code M52 )
  ============================: SAT.FEB,010224 :============================
 Why people die to get away from Clinton pal Castro`s paradise :
 Wirednews :  Cuba Not So Libre With the Net  
  ============================: MON.FEB,010226 :============================
|11:20| Re : CSPAN : U.S. v MicroSoft :  Netscape ruined
 navigator to the point that I am now moving totally into MS Explorer . It
 found excuses for not maintaining its competitiveness in its indirect court
 fight w MS . 
| Historic  President`s Quotes 

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